Budget primary surplus confirmed at 2.37 bln in Mar, above target by 1.27 bln
Credit standards and demand for corporate, household loans unchanged in Q1
Greek 2017 primary surplus confirmed at 4 pct, well above target
Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
February current account deficit at 1.29 bln as underlying balances worsen
Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation
The agreement reached with lenders is an important first step towards restoration of confidence, inclusion of Greek government bonds in the European Central Bank’s QE programme and a future return to capital markets, according to the Parliament Budget Office's (PBO) first quarter (Q1) report.
However, the PBO stresses that the economic situation in Q1 is disappointing in comparison with expectations.
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